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than three weeks going over the fiscal cliff. new developments. tonight on "special report," president obama speaks out following a sunday face-to-face meeting with house speaker john boehner. today, the president took his pitch to michigan. we look at the prospect of negotiating settlement with karl rove and joe trippi. they are back. they have numbers but no electoral maps. suppose both sides get a deal done in the next few days. what would the timeline look like for beating the end of the year deadline. we get out the crystal ball and calendars. brit hume has analysis on how a deal could get done. new video shows use of chemical weapons by the government. and california is going all in on solar power but a lot of californians say solar is taxpayer and consumer ripoff. "special report" starts at 6:00 eastern now. back to new york and my colleagues with "the five." ♪ ♪ >> dana: all right. several new developments to report on the royal phone prank in the u.k. radio station has taken the two d.j.s off the air who called the hospital where princess kate was being treated. they duped
question is whether they do so before or after the government goes over the so-called fiscal cliff. "new york times" columnist david brooks describes it this way. republicans will be raising middle class taxes in order to serve the rich. shafting sam's club to benefit the country club. if republicans do this, they might as well get mitt romney's 47% comments printed on t-shirts and wear them for the rest of their lives. so republicans have to realize they're going to have to cave on tax rates. the only question is what they get in return. michael steele is former chair of the republican national committee and an msnbc political analyst, and steve mcmahon's a democratic strategist. michael, you're on the republican side, and what do you think of that? the argument made by brooks which is more sophisticated. make your deal now while you can get something for it because after january 1st you will just be saving your rear end. >> i think he's absolutely right. i think part of that deal should include giving the president what everybody in this town agrees on, and that is those middle tax cut
efforts to resolve the fiscal cliff. they emphasize the lines of communication remain open. >> gregg: new fallout for the australian radio station behind that royal prank a call. they tricked a nurse into thinking they were the queen and king of england. now the radio station is ordering a review of the station's policies. a lot more in the next hour. >>> venezuelan president hugo chavez announced that his cancer has returned. he is traveling back to cuba and he is announcing that vice president should take his place as successor. arthel nevil is following this. >> reporter: those treatments include what president chavez called a new surgical intervention, speaking to a national audience from the national palace he gave details about tests that indicated some malignant cells returned to the same areas where previous tumors had been removed. in his first reference to any possibility that if his health were to further deteriorate, he says his successor, the vice president would take over for him until his new presidential term begins in january. if chavez cannot attend his inauguration the
new fiscal cliff developments, the folks at fedex will be hustling and bustling on their busiest day of the year. the shipping giant expects to make 19 million deliveries. that's thanks to this year's double digit growth in online shopping. there's also going to be a lot more packages to ship as shoppers pick up green monday deals. >>> all right. if you are flying home for the holidays, you had better book soon because one consumer group warns airfare goes up $10 a day after the second week of december and after the 19th forget about it. you want to save big, then fly on christmas or new year's day because those days are the cheapest. >>> investors serious about getting a piece of the hostess pie must submit ofrs today. >>> today u.s. and nikkei regulators will make a proposal for the too big to fail idea. >>> they're selling to chinese investors. >>> our sister network nbc sports teaming up with yahoo to share information on air and online. new york mayor michael bloomberg is putting in a bid for the financial times group. >> pope benedict is a proud owner of two shiny new custom ma
. that's the whole issue here. >> on the fiscal cliff front, no new deals or concessions made public, but "the new york times" reports the dynamic has changed. at the request of speaker boehner, senate leaders and nancy pelosi have been dismissed from the negotiating table. leaving just the speaker and the president to hammer this one out. today vice president biden is hosting middle-class families at the white house, continuing to pressure congress to strike a deal on tax rates below 250,000. yesterday, the president struck a hopeful note with a middle-income family in virginia, while maintaining a hardline on negotiations. >> the message that i think we all want to send to members of congress is, this is a sovble problem. i'm not going to sign any package that somehow prevents the top rate from going up for rate at the top 2% but i remain optimistic we can get something done for that is good for families like this one and that is good for the american economy. >> but the clock is ticking. with just two full weeks before christmas to go. joining me now from washington, the man with
on lawmakers as they try to hammer out a deal on the fiscal cliff before the holiday recess. >>> new details on a navy s.e.a.l. who died during a daring mission in afghanistan. >>> plus, a fireball over texas, and more dogs behind the wheel. good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today with just 21 days left to avert that so-called fiscal cliff, and if the framework for an agreement isn't reached by the end of the week, lawmakers could be spending christmas in d.c. tracie potts has those good morning. >>> the president sitting down with john boehner, the staff sitting behind closed door, but today republican members come back to capitol hill and boehner may have a problem. >> all these members are going to come back to town, and they're going to want to play a role in these negotiations. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says
that if the nation goes over the fiscal cliff californians will beat out new yorkers for the potential highest tax rate at 52%. >>> forbes is out with its 2012 most powerful people lest. president obama held onto the top spot for the second straight year. the pope climbed two notches from last year and landed in fifth place. facebook ceo mark zuckerberg tumbled from the top ten all the way to number 25. former president bill clinton held on to last year's ranking at number 50. tonight on rock center watch brian williams sit down with apple ceo, tim cook, number 35 on the forbes list by the way. >>> finally, this is no joke. though it began as one on facebook, pizza hut in canada has sent more than 100 bottles of pizza scented perfume to facebook fans. the fragrance boasts top notes of freshly baked hand tossed dough. pepper reason ri? >> new york mayor cory booker lives on food stamps. >>> the nfl steps up with $1 million for jovan belcher's daughter. >>> high res images from space. it allows images of city lights, gas flares, aur rar ras, to be seen by the naked eye. >>> stories making news acros
-- danielle nottingham, wjz eyewitness news. >> they said a fiscal cliff compromise must include new revenue and spending cuts. he calls it stupidity for the republicans to speculate which party has more to lose if they don't reach a deal. >>> let's take a live look outside. look at that sunset. sunny, wubrisk. -- but brisk. bob is here with updated numbers. >> you bet. beautiful shot. sun is going down about 5 minutes from now. say goodbye. it will take a while. take a look at temps. just a few high clouds at 40 degrees. 44 in d.c. remember, monday and tuesday, we got up to 70. 34 now in oakland. 41, ocean city. tomorrow, we'll have an area of low pressure passing to our west. it will bring us clouds and maybe a little rain in the afternoon. to our north, it will be just maybe cold enough early in the day. could be a little bit of light, freezing drizzle up across portions of central or northern pennsylvania. so we'll be warming up, above 50 degrees again tomorrow. and milder for the weekend. denise? >> okay, bob. thank you let's check on
respond said fiscal cliff, that sounds like something i probably studied in school. no. this is new. this is something that they've just fresh baked up for us. >> brian: this generation made it up! >> gretchen: they'll be paying for it. >> steve: for a long, long time. our children and children's children, consider the amount of dent this president has run up. this could be good news. the president of the united states did speak with speaker boehner yesterday on the phone. we know nothing about the call except they talked on the phone. we do know that the last offer, the counteroffer was made by the republicans. they're waiting for the white house. the white house at the same time says come on, we don't have another counteroffer because your last offer was a stinker. you, republicans, need to come up with a new one. >> gretchen: the thing is, they're playing hard ball right now. the white house has sent out tim geithner, the treasury secretary, instead of the president actually, to lead the negotiations and when he was asked yesterday in an interview, tim geithner, that is, whether
that will surprise you. >> what is the fiscal cliff? >> honestly, we're from new mexico just helping out here to clean. >> no idea. >> cliff? >> how tall is it? >> i don't know. no idea. >> where is it? >> can i go? >> bad news. it's bad news. fiscal cliff, end of the world apparently. >> is it a dangerous cliff? >> it seems to be. >> how do you feel about it? >> i'm a middle class woman what, do you think? >> the economy pew. >> is embarrassing. >> that's what they're paid for. >> what's going to happen if they don't? >> we're going to lose some money. [ laughter ] >> it reminds me of like something i probably learned about in school. but i'm going to guess some type of cliff, like mount avalanche cliff. >> how tall is it? >> i'd say at least like 370 some feet. [ laughter ] >> steve: very nice. >> gretchen: how about $16 trillion? >> we heard 70 different responses. we took the cliff bars out and said, is it this? is this the fiscal cliff? some people said, oh, yeah, it is. another guy said t sounds like something really gross you might eat. another person said it sounds like a movie, the f
cliff and a new idea is born. it comes from an unexpected source. howard dean, does the former vermont's governor's plan add up? plus, a sailor charged with espionage and the war on drugs. we lost it. sir richard branson is "outfront." let's go "outfront." good evening, everyone. i'm erin burnett. "outfront" tonight, a bright idea. brought to us by the liberal former governor of vermont, howard dean. a man who brought us the scream heard around the world when reran for president. dean says let's face it, america, tacks need to go up for everyone. now, this might not be what you expect from someone like howard dean. it's certainly not the president's position or the position of most americans. another new poll out today shows that most people like the president's idea of only raising taxes on other people. specifically, the top 2%. the problem is according to the congressional research service, the math doesn't add up. that tax hike would only give $678 billion in additional revenue over ten years, now, remember, we're $16 trillion in the debt. now, if we go with howard dean's idea, tha
on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off your list. >> brian: not a world. can we agree as well that is our secret. >> steve: she doe
. and the new jobs number, the fiscal cliff, all of it will be on the table when george stephanopoulos sits down with a turbocharged powerhouse round table. james carville, mary matalin and nobel prize-winning economist paul krugman, on sunday for "this week." >>> and now, we go overseas to syria, where people are fleeing amid fears that the assad regime will unleash chemical weapons. the region around the capital, damascus, now a battle zone. 2 million syrians now on the run, many of them children. and it is extremely difficult for journalists to enter that country and cover the chaos. but abc's alex marquardt pushed across the border tonight and he is there. alex? >> reporter: we've spent the day among the thousands of refugees living here, and the conditions are miserable. rain has turned the roads to rivers of mud, there's no power or gas for heat, and it's only getting colder by the day. the rain poured as we approached the crossing into syria. the first stop, a rebel checkpoint. tanks and men armed with ak-47s. once past them, a narrow, winding road that led us to white tents in a sea of r
money, and power. lou: the fiscal cliff looks bleak, no news, no deal, no urgency. >> the american people have to be scratching their heads, and wondering when is this president gointo get serious. lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next >> british banking giant, hsbc agreed to pay a record dollars 1.9 billion to settle allegations it landerred money from mexican drug lords, and sanctions transactions from iran illegally. lenny brewer said that the scale of hsbc's operation was stunning. >> at least one occasion, hsbc instructed a bank in iran on how to format payment messages so that
. >>> top of the hour. i'm don lemon. we're going to begin with breaking news on the fiscal cliff talks. president obama, house speaker john boehner met face-to-face at the white house today to try to prevent the fiscal cliff now just 23 days away. we don't have any details on their conversations, but reps for both sides say the lines of communication remain open. meanwhile, at least four republican senators now support a tax hike on wealthy americans. here is senator tom coburn of oklahoma. >> the fact is we're spending money that we don't have on things we don't absolutely need, and there's no grown-ups in washington that will say time-out, stop the politics, let's have a compromise rather than continue to play the game through the press and hurt the country. >> more on this story in just a few minutes with our senior political analyst, david gergen. >>> a half million dollars, that's the bond set today by a judge near dallas for cowboys nose tackle josh brent. he was behind the wheel in a car accident this weekend that killed teammate jerry brown, jr. police believe brent was drunk w
] >> stephanie: the obama lies crack. fiscal cliff -- [ "world news tonight" ] whatever. fiscal negotiations -- they're not really negotiations. >> they're just kind of screaming at each other. >> laws saying how women can't date postal workers it just dates out that way. >> stephanie: the fiscal worker cliff clavin is upon us. >> i don't want to do it. the president doesn't want to do it but we need to solve the problem. we cannot allow the reckless position to drive this economy into another recession. a recession which the republicans will own. >> stephanie: by the way, you can tell they're still just playing politics with this. representative john duncan, republican of tennessee said why they're refusing to give in on the tax cuts. he won't vote to extend tax cuts to 98% of americans because doing so would give control to the democrats. it is not about what's best for the american people. it is about what's best for the republican party. >> i think they should go with that suicidal idea that jim o'reilly was
the fiscal cliff, our nbc news first read team writes it this way, while there's some optimism that president obama and house speaker boehner can strike a deal, it's important to point out how fragile any deal would likely be. joining me now, nbc news deputy political editor do min coe montenaro. >> you mind up punting to other deadlines, you could wind up with another deadline, another in february, something like that. that's -- that could be what they wind up doing and these are a lot of things always on the table, a lot of these kinds of options but we'll wait and see. i was curious to see john boehner's tone and wasn't try gent. he wasn't saying there's a deal but he wasn't saying, you know, we're nowhere. like he had been saying before. >> when you assert the spth not serious, that is not, hey, we're working on something here. unless you can read in to that something different. >> if you follow the logic saying you're not sere youz because there aren't specific cuts then if there are then it holds that he is being serious then i guess you would think that in the next few days, five, seve
. >>> "outfront" next. just 26 days until the fiscal cliff, and a new idea is born. it comes from an unexpected source, howard dean. does the former vermont governor's plan add up? plus, a former u.s. navy sailor charged with attempted espy naj tonight. the alleged benefactor was russia. the war on drugs? have we lost it? let's go "outfront." good evening. a bright idea brought to us by the liberal former governor of vermont, howard dean. the man who brought us the scream heard round the world when he ran for president. yeah! >> dean says let's face it, america. taxes need to go up for everyone. now, this might not be what you expect from someone like howard dean. it's certainly not the president's position or the position of most americans. another new poll out today shows most people like the president's ideas of only raising taxes on other people, specifically the top 2%. individuals making over $200,000 a year or families making over $250,000 a year. the problem is according to the congressional research service, the math doesn't add up. that tax hike would give $678 billion in additional r
to go over the fiscal cliff. host: here is the story from the "new york times" today. we are talking about the fiscal cliff negotiations and whether compromise or sticking to principles should be what members of congress and the president should do here. a couple of weets this morning. when leaders say -- when people say leaders should stick to their principles, they mean leaders should stick to my principles. a lot of columns this morning talking about this issue, the ongoing fiscal cliff negotiations. here is "the washington post." we are taking your thoughts on the issue. but gutted the independent line. welcome to the "washington journal." caller: i agree also with a caller on the democrat line. i agree with what he was referring to -- c-span changing a with bias. the issues, they did not talk about it. the ones who are behind it are the political parties. the industrial military complex host: if the country does off of the fiscal cliff, who do you think it's more of the blame on this? it is the president of the united states or congress? caller: the people are being brainwashed
this morning in talks to avoid the fiscal cliff, both sides exchanging new offers. the white house lowering its demand for new tax revenues from $1.6 trillion to $1.4 trillion. republicans made a counter offer, not many details about that counter offer are known. we want to get to congresswoman marcia blackburn, a republican from the state of tennessee. nice to have you with us. always great to see new the morning. >> good to see you, soledad. >> do you feel there will be a deal and maybe what, something like 48 hours before you guys go on break. i mean is it going to be that soon? >> soledad, i have to tell you, we in the house have passed bills that deal with the tax extenders, deal with sequestration, all of this has been over in the senate waiting for action for months. so we know that our constituents are frustrated. we're a little bit frustrated, too, and we are hopeful that the president will come forward, talk about some spending cuts, you know? everyone says, look at e erskine-bowles and alan simpson, they say you have to deal with the spending and we're hopeful we're going to get some
into physical violence. >> a new wrinkle in the arm wrestling over the looming fiscal cliff. the white house is asking lawmakers to give up their role in authorizing the u.s. government to increase the debt limit. calling it a constitutional issue. he laid out the republican argument. listen. >> we do have some leverage with the debt ceiling increase more than we have right now. right now he has the cards. if nothing happens the debt ceiling goes up automatically. what we are told is the president is thinking about what he might be able to do to raise the debt sealing without going congress which would be a huge mistake. it is a constitutional issue. >> let's bring in our political panel. he is a campaign consultant and she is the director of out reach for freedom works and author of backlash. thank you for joining us. >> i want to start with the debt ceiling. for that i have my minute flea constitution which i love pulling out. article one, the congress shall have power to lay and collect taxes, dutiesett set raw to pay the debt and provide for the common defense and general welfare of the
, but he is also wrong it is about money as well. big money, and power. lou: the fiscal cliff looks bleak, no news, no deal, no urgency. >> the american people have to be scratching their heads, and wondering when is this president going to get serious. lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which inclus investment objectives, risks, charges an
the voter approved referendum into law on wednesday. >>> breaking news. on the fiscal cliff negotiations, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once
is a tough one. >>> new signs of progress in efforts to avoid the fiscal cliff after a closed door meeting at the white house. >> more republicans are coming forward to say that the richest americans should pay more in taxes. here is abc's david kerley. >> reporter: for the first time in more than three weeks, a face-to-face meeting at the white house, but no cameras as the president sat down with speaker john boehner. no details are being offered which some will see as good news. the co-creator of a debt reducing plan sees progress. >> any time you have two guys in there tangoing, you have a chance to get it done. >> reporter: before the talks some republicans were admitting the president will get a lot of what he wants. >> let's face it he does have the upper hand on taxes. you have to pass something to keep that from happening. >> reporter: why compromising words? the white house moderated some demands. the president says tax rates for the wealthy have to rise now word that the actual rate could be negotiable. maybe not all the way back to 39.6%. >> will i accept a tax increase as a par
's something that won't happen. short term spending cuts should be part of any fiscal cliff deal. the big news this morning is we're not going over the cliff. they have a bad hand. they're going to end up passing this middle class tax thing if that's the only thing they do. and live to fight another day. you can see the momentum building. not official but you see it. the difficulty for boehner still is passing the extension may be best of the options it is an option that a chunk of his party has said he would reject. the fiscal conservatives criticizing boehner's budget pr proposal. then you had senate republicans watching their backs, rejecting a u.n. treaty that bans discrimination against those with disabilities around the world. senator jim demint said speaker boehner's $800 billion tax hike will destroy american jobs. yes, he said speaker boehner. one party proposes increase in an effort to counter them. the other party's leadership proposes, wait for it, $800 billion in tax increases and then former alaska governor sarah palin blasting boehner's decision to remove some conservatives from
't paying out special dividends to its investors to beat the fiscal cliff and news that nokia partnered with a chinese mobile company yet to strike a deal. >> interesting. thanks so much. talkback question for you today. are you prepared if the nation goes off the fiscal cliff? your responses next. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you.
locked out of the battle over the fiscal cliff. why california congresswoman nancy pelosi and other leaders are not being allowed to negotiate. ktvu channel 2 morning news continues. >>> good morning, to you. welcome to a brand new day friday december 7th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. i want to start with weather and traffic. weather rosemary orozco is in for steve. >> fair weather in the forecast. lasting through the weekend. hopefully that brings a smile to your face. tgif to you. we're off to a chilly start this morning. mostly sunny skies for the afternoon. temperatures running warm for december and it will be a trend we see for your weekend. i'll have details on this coming up in a moment. good morning, tara. >>> good morning, rosemary. here's a look at traffic through 880. the headlights are southbound as you make your way toward the hayward area. up next we have a look at the east shore freeway. the headlights you see are folks heading westbound on to the mccarthur maze and to the bay bridge toll plaza where we are starting to see
family about $2,000. 22 days 'til we hit the fiscal cliff and some promising news, i think, is when we found out the speaker and president actually met yesterday to talk to each other and we don't know really what happened. we do know if you point to senator corker and coburn and now congressman cole, there seems to be a movement on the republican side. like it or not, to move up the rates on higher brackets from 35 to 39. >> gretchen: only if we get something in return. the way i'm reading this, some are saying maybe it is time for us, we don't like it, but good faith effort, we will agree to raise taxes, but only if the president and his team then agrees to cut back on entitlement spending specifically. >> steve: and while neither side yesterday released any details of what the speaker and the president did talk about yesterday, perhaps when the president goes to michigan later today and does have a chat in front of cameras about the fiscal cliff, perhaps he will reveal some details to figure out where things are going, or at least the basic contours of it. it was very clear yesterda
, thanks so much for coming in. the jersey shore about to meet the fiscal cliff. grim news for governor christie as he visits washington. >>> plus the controversial place to store your text messages. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. five days later,
problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> south carolina tea party says jim demint is resigning. >> leaving the senate a lot better than i found it. >> jim demint leaves some big shoes to fill. >> jim demint leaves some big shoes to fill. then again -- captioning funded by cbs en
the trading for the week. fiscal cliff talks and a reserve meeting midweek could shift the markets, bri markets,. ringing the opening bell at the exchange, the financial services company blackrock. >>> hugo chavez returns to cuba to undergo another cancer operation. chavez left in the middle of the night just a day after telling his country the cancer was back. in is his fourth surgery since being diagnosed with cancer last year. >>> today former south african president nelson mandela is facing a day of medical tests in the hospital. the 94-year-old has suffered health problems in recent years. the nation's current president says mandela is doing well but offered no details on his condition. mandela is a nobel laureate who fought against racial segregation. >>> former republican presidential candidate newt gingrich isn't sounding too optimistic about his party's chances about winning back the white house in 2016, especially if it stays in its current form. in fact, gingrich thinks it's almost impossible if one particular candidate wins the democratic nomination. take a listen. >> if the
to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the country's loans. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's the president, not the emperorer. >> reporter: fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes, not by raising rates on the rich as the president has insisted. >> we're not insisting rates just out of spite, but rather because we need to raise a certain amount of revenue. >> we can't just keep borrowing money, raising taxes, and expecting the problem to go away. >> reporter: house
a fiscal cliff agreement. [ "world news tonight" ] the numbers are largely unchanged from the ones conducted right after the election. that's exactly what the president said. we're in the exit polls. to only 27% would blame obama if the country goes over the cliff. blah blah, blah. to that 64%ers who didn't believe it would have a major effect on the u.s. economy and 60% think that will be negative. who are republicans fighting for? not for a majority of americans. he's fighting for the top 2% who he says are actually small business owners. >> mmm no. >> stephanie: talk points are getting moldy. a $600 million a year hedge fund would qualify as a small business by paul ryan's misleading definition. regardless of the small business description, that still puts them in the 1% which is less than the majority of americans are compressed by the jobs. >> small compared to the planet jupiter. >> stephanie: right. all relative. [ laughter ] >> stephanie: i don't know what this means. [ ♪ "world news tonight"
frieden. thank you. tomorrow, we have to the will perspectives on the latest news on the fiscal cliff negotiation -- two perspectives on the latest fiscal cliff negotiations. negotiations.
week, a new attempt to keep the country from plunging over the fiscal cliff. >> with time running out there are signs of possible progress in the attempt to head off a massive tax increase. it is monday, december 10th. >>> from abc news, this is "world news now." >> good monday morning. i'm sunny hostin in for paula faris. >> i'm john muller, rob nelson has the morning off. we're going to find out what the president and house speaker boehner are saying after a face to face meeting over that fiscal cliff. also this half-hour -- hopes and prayers for nelson mandela, the human rights hero in a south africa hospital this morning. >> also coming up, new hope in the fight against alzheimer's disease, experimental surgery to implant a kind of pacemaker for the brain is showing early success. >> an interesting one. >> yes. >>> later, daytime smack down, wendy williams lets loose with some harsh word about beyonce. what the talk show host is saying about the singer coming up in "the skinny." >> that's never going to go well. talking badly about beyonce. a bad move. >> going after beyonce is a
. ashley: tough new talk on the fiscal cliff. americans are scratching their heads wondering when president obama will get serious. tracy: the president's reelection leaving small businesses weigh more pessimistic about the future. bill dunkelberg is here. we will ask him what, if anything, to boost confidence among america's job creators. ashley: time for stocks now as a do every 15 minutes. let's head down to the call petallides. nicole: this is a pretty good day on wall street. this is looking like the fourth week where we are seeing gains. we did hear from house speaker john boehner. he smoothed it over and gave the sense that they are working hard in washington in order to solve the fiscal cliff. also, the dollar is lower. that is playing a part. most of the dow components have been in the green. trip advisor. we are watching trip advisor. it has been rallying. what they are trying to do is get in there. it would be more about changing some management. liberty acquired the share. this is part of the action here we are seeing. off its earlier highs. back to you. ashley: thank you very m
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